There are a lot of free economical zones in the world. What priorities will it have to form free industrial zone in Georgia, and what will make it successive?
We may consider geographical location of the country, also closeness with Azerbaijan, Armenia, Russia, Turkey, Ukraine, and markets of Middle Asia to be prior for forming free industrial zone. It must also be foreseen, that direct neighbor of Georgia on the Black S (more…)
It has been a huge month for us all here at DriveAway Holidays. We kicked July off in style at the annual AFTA National Travel Industry Awards. Always a good night, this year was even more exciting than last as we were hoping to (more…)
The state plays a very important role in international political economy and is considered as the ultimate decision maker in both economic and political decisions. International Political Economy (IPE) is about the interaction between state and market. Based on tangible and intangible power or, military and economic power, the world can be divided into two blocks: North and South. The North contains the countries which are high (more…)
REGIONAL TRADE BLOCKS
Companies need to adjust organizational structure and operating strategy to take advantage of regional trade groups. These are,
01. EU (European Union):
The EU is become a most powerful trade block in the world. It has members of Austria, Belgium, Denmark, Finland, Germany, Greece, Ireland, Italy, Lather lands, Porchukcal, Spain, Swe (more…)
What is the correlation between free-trade, real estate prices and holiday making? Perhaps, the first one ignites the race for the rest two. This has been taking place in Dubai’s case for at least two decades now, and the lineage from free-trade to tourism is very apparent. Those likely to go on vacationing should therefore, learn about the various trade policies of the concerned region before making out their travel plans. Lib (more…)
After reading about the $350 mistake that the World Trade Center Captive Insurance Company committed, it made me think of all of the 9/11 workers who could have benefited from that money. How could not telling the construction companies that they might be held liable would end up hurting the WTC workers. I find this completely unfair in which the Bloomberg administration should take the blame for it. The WTC 9/11 wor (more…)
China – ASEAN Free Trade Area on January 1, 2010 fully completed, since the free trade zone 90% of the products began to achieve a zero tariff, import and export of ASEAN countries showed 500% growth in volume, since the free trade zone will become a consumer has a 1.9 billion persons, 4.5 trillion total trade of the huge market, second only to North America, the European Union the world’s third largest free trade zone.
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-Current trends towards Free trade in Asia as well as in China / US relations.
Online business is based on the free flow of information as well as goods and transactions, without much regard for national borders which seem artificial in comparison. The world market nevertheless has its points of constriction, and these are usually found in customs tariffs and import duties. For an international distributor, or (more…)
In 2006, Thailand’s Gross Domestic Product was $206.2 billions, the growth rate being of 6.2 annually. Thailand’s economy depends mostly on exports, which cover about 65% of the country’s DGP, with purchasing power parity at $ 627 billion. After Indonesia, Thailand is Southeast Asia’s second largest economy and fourth richest nation, after Malaysia, Brunei and Singapore. The financial crisis that occurred in Asia in 199 (more…)
The main aim behind the creation of the Euro currency was the creation of greater political solidarity within the EU, but by having a common currency participating member states have additional benefits such as the elimination of currency fluctuation risks, transparency of pricing, reduced transaction costs and increased market expansion opportunities for greater inter-Europe trade.
The introduction of the Euro a (more…)